"Australia is the most successful immigration nation on earth. The rest of the world looks to Australia as an example of how to effectively manage borders and run a successful migration and humanitarian program. That’s why when we are asked to sign up to international agreements that we believe will compromise our successful way of doing things, we will pass. That’s why we have decided that Australia will not adopt the Global Compact for Migration in mid-December," the statement said.
According to the ministers, this agreement is unlikely to enhance Australia's capacity to control its borders and promote the existing immigration policy.
"The Compact fails to adequately distinguish between people who enter Australia illegally and those who come to Australia the right way, particularly with respect to the provision of welfare and other benefits," the statement added.
On Tuesday, Israel and Poland said they would not sign the agreement.